For the day ahead
Litecoin would need to avoid the $347 pivot to support a run at the first major resistance level at $373.
Support from the broader market would be needed, however, for Litecoin to break back through to $370 levels.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $400. The second major resistance level sits at $391.
Failure to avoid a fall through the $347 pivot would bring the first major support level at $329 into play.
Barring an extended sell-off, however, Litecoin should steer clear of sub-$300. The Second major support level at $304 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $329
Pivot Level: $347
First Major Resistance Level: $373
23.6% FIB Retracement Level: $250
38.2% FIB Retracement Level: $207
62% FIB Retracement Level: $138